Kofax Plc (KFX.L) reported that its third-quarter adjusted income from operations climbed 76.5% to $8.4 million from the prior year's $4.7 million. Adjusted earnings for the quarter were $0.06, up from $0.03 in the same quarter last year.
Income from operations for the quarter was $3.5 million, compared to a loss of $1.1 million in the year ago quarter.
Software license revenue for the quarter increased 20.5% to $26.4 million from the prior year's $21.9 million. Total revenues for the quarter grew 9.6% to $64.3 million from $58.7 million in the prior year quarter.
The company reaffirmed its guidance for all of fiscal year 2013 for no to low single digit growth in total revenue on a constant currency basis and an adjusted EBITDA of about 10% less than that reported in fiscal year 2012.
For comments and feedback: editorial@rttnews.com